Skip to main content

‘Explosion of interest in smart cities’ says report

According to a new tracker report from Pike Research, a part of Navigant’s Energy Practice, the past twelve months have seen an explosion of interest in the smart city concept. Cities around the world have announced new smart city strategies and innovative projects, and many existing programs have been rebranded as smart city initiatives. More than fifty per cent of smart city projects are focused on innovations in transportation and urban mobility. The tracker identifies and details 130 smart city proje
March 5, 2013 Read time: 2 mins
According to a new tracker report from 5644 Pike Research, a part of Navigant’s Energy Practice, the past twelve months have seen an explosion of interest in the smart city concept.  Cities around the world have announced new smart city strategies and innovative projects, and many existing programs have been rebranded as smart city initiatives.  More than fifty per cent of smart city projects are focused on innovations in transportation and urban mobility.  The tracker identifies and details 130 smart city projects underway worldwide.

“Smart city initiatives cover a wide range of projects, but urban mobility is becoming a lynchpin issue that ties together energy reduction, sustainability, and technology innovation,” says research director Eric Woods.  “Devising an environmentally friendly, economically efficient, and voter-acceptable mobility strategy for the modern city is at the top of the priority list for many smart city planners.”

The growing interest in smart city programs is creating a global market opportunity that represents billions of dollars in annual revenue.  City officials see sustainability as closely tied to the economic opportunities for their cities.  They understand that the growth industries of the future will be closely linked to the development of information and communication technologies and services, as well as innovative clean technologies, and they see the smart city concept as both a useful marketing tool and a means of coordinating investment and innovation.

The Smart City Tracker report provides a survey of the current state of smart city developments around the globe in all their diversity, and covers five key industry sectors as they relate to smart cities: smart energy, smart water, smart transportation, smart buildings, and smart government.  It also looks across these sectors at projects that address multiple aspects of city operations.  The tracker includes 130 projects, segmented by region and by primary industry sector, more than ninety per cent of which address issues related to energy, transportation, or government.
UTC

Related Content

  • January 31, 2012
    Investment and innovation the future of ITS
    Cisco's Paul Brubaker, former administrator of the US Department of Transportation's (USDOT's) Research and Innovative Technology Administration (RITA), takes a look at how the ITS sector is starting to attract the attention of major corporations and what this will mean for intelligent transportation in the coming years
  • July 24, 2015
    Smart transportation market worth US$138.76 billion by 2020
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
  • August 26, 2015
    Washington, DC, tops list of gridlocked US cities
    The 2015 urban mobility scorecard for the US, published jointly by the Texas A&M Transportation Institute and Inrix, indicates that urban areas of all sizes are experiencing the challenges seen in the early 2000s and population, jobs and therefore congestion are increasing. The US economy has regained nearly all of the nine million jobs lost during the recession and the total congestion problem is larger than the pre-recession levels. Cities of all sizes are experiencing the challenges last seen before t
  • November 1, 2016
    Autonomous vehicles – saviour and threat, says report
    A new report from IDTechEx Research notes that autonomous vehicles need no pilot, not even one in reserve. Many truly autonomous vehicles are unmanned mobile robots prowling everywhere from the ocean depths to nuclear power stations, the upper atmosphere and outer space. They create billion dollar businesses such as aircraft and airships aloft for five to ten years on sunshine alone carrying out surveillance or beaming the internet to the 4.5 billion people who lack it. Independence of energy and electri